British Columbia Proposes Tax Break to Induce Natural Gas Development

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Chester Dawson The Canadian province of British Columbia on Tuesday introduced legislation to lighten the tax burden for natural-gas export terminals, a move aimed at spurring development of multibillion-dollar liquefied natural gas plants on the country's Pacific coast. The ...

Jobless Rate Below 5% in 15 States

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Eric Morath The unemployment rate stood below the 5% line in 15 states last month, the latest sign of a healthier labor market across a broad swath of the country. The tally, which matched the largest number of states ...

Dollar Slightly Lower Againt Yen As Nikkei Pares Gains

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Hiroyuki Kachi The dollar was slightly lower against the yen in otherwise directionless Asia trade Wednesday, with the Nikkei Stock Average losing some of its earlier gains. As of 0450 GMT, the dollar was at Y106.92 from Y107.00 late ...

Fitbug Shares Leap on UK, US Sales Agreements

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Ian Walker LONDON--Shares of Fitbug Holdings PLC (FITB.LN) more than doubled in early trade Wednesday after announcing its largest retail sales agreements worldwide to date. The AIM-listed provider of online personal health and well-being services said U.S. retail chain ...

EU Won't Change Fiscal Rules -- Juncker

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Laurence Norman The incoming European Commission will make no changes to the bloc's fiscal rules, incoming President Jean-Claude Juncker said in a keynote speech Wednesday as he sought parliament's backing for his proposed executive team. Speaking at the European ...

BOE Officials Gloomier on Economy

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

LONDON--Bank of England officials grew gloomier about the U.K.'s economic prospects in October, citing increasing headwinds from overseas and a slowdown at home, according to minutes of this month's policy meeting published Wednesday. The minutes are the latest signal that ...

Australian Inflation Eases in 3rd Quarter

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

SYDNEY--Australian consumer-price inflation eased in the third quarter after the conservative government removed a tax on carbon emissions, and wage growth remained weak against the backdrop of a sluggish economy. Consumer prices rose 0.5% in the third quarter from the ...

Asian Investors Turn to U.S. Apartment Buildings

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Jason Chow After snapping up luxury condos and commercial properties in New York and Los Angeles, Asian investors are now training their eyes on U.S. apartment buildings. Investment from Asia into U.S. multifamily real estate is set to reach ...

Russia's Economy Stops Growing in September on Sanctions, Uncertainty

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Andrey Ostroukh MOSCOW--Russia's economy, hit by Western sanctions, stopped growing in September, data from the economy ministry showed Wednesday. Russia this year is on track to post its lowest growth since 2009. Russia's standoff with the West over the ...

Jobless Rate Below 5% in 15 States

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

The unemployment rate stood below the 5% line in 15 states last month, the latest sign of a healthier labor market across a broad swath of the country. The tally, which matched the largest number of states below that mark ...

BOE Officials Gloomier on Economy, Minutes Show

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Jason Douglas and Jon Sindreu LONDON--Bank of England officials grew gloomier about the U.K.'s economic prospects in October, citing increasing headwinds from overseas and a slowdown at home, according to minutes of this month's policy meeting published Wednesday. The ...

Russian Banks to Get Budget Dollars Early November -Finance Minister

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Andrey Ostroukh MOSCOW---Russian banks will receive dollars from the budget in early November, Finance Minister Anton Siluanov said Wednesday, Russian news agencies reported.? ? Russia's finance ministry said last week it would provide temporary foreign currency funds to Russian ...

Russia's Economy Stops Growing

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

MOSCOW--Russia's economy, hit by Western sanctions, stopped growing in September, data from the economy ministry showed Wednesday. Russia this year is on track to post its lowest growth since 2009. Russia's standoff with the West over the Ukrainian crisis adds ...

Brazil Vote Shows Divide Between Classes

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By John Lyons PAULISTANA, Brazil--Like most people in this parched corner of Brazil's impoverished northeast, Bartholomew Francisco wants President Dilma Rousseff to win re-election in this nation's close presidential race on Sunday. His reason: gratitude for welfare money that is ...

Australian Inflation Eases After Carbon Tax Scrapped

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By James Glynn SYDNEY--Australian consumer-price inflation eased in the third quarter after the conservative government removed a tax on carbon emissions, and wage growth remained weak against the backdrop of a sluggish economy. Consumer prices rose 0.5% in the third ...